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#938 - Ethereum Hits 25M Blocks, Bitmine Buys Another 10k ETH

Ethereum hits 25 million blocks, the EF completes a second 10k ETH OTC sale to Bitmine, Optimism expands Actions SDK, and Peer launches a Disputes Portal.

Quick Take

  • Ethereum hits 25 million blocks.

  • EF sells 10k ETH OTC to Bitmine.

  • Optimism expands Actions SDK.

  • Peer launches Disputes Portal.



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Ethereum Produces 25 Million Blocks

On May 1, 2026, the Ethereum blockchain processed its 25,000,000th block since inception. Go-Ethereum contributor Lightclient celebrated the milestone on X. Block 25,000,000 contained 377 transactions and 122 internal contract transactions, was produced by Titan Builder, and burned 0.04 ETH in gas fees. The milestone comes as Ethereum approaches its 11th year of operation with 100% uptime, maintaining uninterrupted service through major upgrades. Read more.

Bitmine Buys Another 10,000 ETH From Ethereum Foundation

The Ethereum Foundation disclosed a second 10,000 ETH sale via an over-the-counter (OTC) deal with Bitmine Immersion Technologies Inc., executed at an average price of $2,292.15 per ETH. The transaction comes exactly one week after the Foundation completed a 10,000 ETH OTC sale with Bitmine. Bitmine is the world's largest Ethereum treasury company, holding over 5 million ETH in its portfolio. In Q1 2026 alone, the Ethereum Foundation distributed $9.8 million in grants. Read more.

Optimism Expands Actions SDK

Optimism expanded its Actions SDK, evolving it from an early developer preview into a more complete framework for embedding DeFi directly into applications. The updated SDK supports lending through Aave and Morpho, and token swaps via Uniswap and Velodrome, with built-in routing and liquidity handling. A standardized action interface unifies all operations, reducing integration complexity. Read more.

Peer Launches Automated Dispute Protocol

Peer, a ZK-powered fiat–crypto bridge, launched its Disputes Portal, an automated system to protect liquidity providers from fiat chargeback fraud. The issue lies where takers pay in fiat, receive USDC onchain, then reverse the fiat payment. The portal allows Peer LPs to submit the disputed transaction and the payment platform's email. If a dispute is approved, the attacker's wallet and linked wallets are blocked, payment methods are revoked, and refunds are triggered. Read more.

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